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Dividend Recording

Questions about updating prices or transactions in Fund Manager

Postby daviedave » Sat Mar 25, 2017 11:17 pm

When I record dividends, do I input gross or net received?
daviedave
 
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Postby Mark » Sun Mar 26, 2017 10:31 am

Hi daviedave,

What exactly happened with the dividend, that you didn't receive all of it?
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Postby daviedave » Sun Mar 26, 2017 6:59 pm

No I received it, but I'm just wondering what is the best way to record it so charts for growth, returns, yield etc are accurate? and tax reporting?
daviedave
 
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Postby Mark » Sun Mar 26, 2017 8:22 pm

Hi daviedave,

My question is why do you have a difference between "net" and "gross" dividend values? If a stock paid you $X for a dividend, normally you receive all $X of it, and you record it for $X. There shouldn't be a difference between what was paid, and what you received, unless maybe the broker is withholding taxes or something?
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Posts: 11299
Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ


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